Common use of Combination & Split Up Clause in Contracts

Combination & Split Up. The Registrar shall register the split-up or combination of ADRs (and of the ADSs represented thereby) on the books maintained for such purpose and the Depositary shall (x) cancel such ADRs and execute new ADRs for the number of ADSs requested, but in the aggregate not exceeding the number of ADSs evidenced by the ADRs cancelled by the Depositary,

Appears in 2 contracts

Samples: Deposit Agreement (Nestle Sa), Deposit Agreement (Nestle Sa)

AutoNDA by SimpleDocs

Combination & Split Up. The Registrar shall register the split-up or combination of ADRs (and of the ADSs represented thereby) on the books maintained for such purpose and the Depositary shall (x) cancel such ADRs and execute new ADRs for the number of ADSs requested, but in the aggregate not exceeding the number of ADSs evidenced by the ADRs cancelled canceled by the Depositary,

Appears in 1 contract

Samples: Deposit Agreement (Hopewell Highway Infrastructure LTD)

Combination & Split Up. The Registrar shall register the split-up or combination of ADRs (and of the ADSs represented thereby) on the books maintained for such purpose and the Depositary shall (x) cancel such ADRs and execute new ADRs for the number of ADSs requested, but in the aggregate not exceeding the number of ADSs evidenced by the ADRs cancelled canceled by the Depositary,, (y) cause the Registrar to countersign such new ADRs and

Appears in 1 contract

Samples: Deposit Agreement (Congatec Holding AG)

AutoNDA by SimpleDocs

Combination & Split Up. The Registrar shall register the split-up or combination of ADRs (and of the ADSs represented thereby) on the books maintained for such purpose and the Depositary shall (x) cancel such ADRs and execute new ADRs for the number of ADSs requested, but in the aggregate not exceeding the number of ADSs evidenced by the ADRs cancelled by the Depositary,, (y) cause the Registrar to countersign such new ADRs and

Appears in 1 contract

Samples: Deposit Agreement (China GrenTech CORP LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!